62 Days on Market
Home for Sale
$9,500,000
40,199 sqft
2311 NW 22nd Ave, Miami, FL 33142
ALLAPATTAH HIGHLANDS ADD
2400 NW 16th St Rd, Miami, FL 33125
$8,200,000— Beds— Baths25,899 Sq. Ft.$317 / sq. ft.
Miami, FL 33125 · MLS# A12014138 · Active · KAYS EST
Status
Active
Type
Quadruplex
Year Built
1974
Days on Market
73
MLS #
A12014138
County
Miami-Dade County
Description of 2400 NW 16th St Rd, Miami, FL 33125
Current cap rate: 7%. Exceptional 27-unit multifamily property in the heart of Little Havana. Strong and stable income with significant upside potential through rent adjustments or renovations. All units are currently under contract, with most leases recently renewed through May 2027, providing immediate income stability. Units rent quickly with minimal annual turnover, and the majority of tenants are long-term residents. Property features include central A/C, a new elevator, swimming pool, laundry facilities with new machines, impact windows and doors, and ample parking. Prime location just minutes from Brickell, Downtown Miami, and Coral Gables.
Property Details for 2400 NW 16th St Rd, Miami, FL 33125
- Interior Features
- Elevator, Stairs
- Flooring
- Other
- Heating
- Central
- Cooling
- Central Air
- Pool Features
- In Ground
- Pool Private
- No
- Year Built Details
- Resale
- Property Condition
- Substantially Remodeled
Building Information for 2400 NW 16th St Rd, Miami, FL 33125
- Building Name
- KAYS EST
- Building Area Total
- 25899
- Building Area Units
- Square Feet
- Stories
- 4
- Stories Total
- 4
- Association
- No
Property Information for 2400 NW 16th St Rd, Miami, FL 33125
- Lot Features
- Corner Lot
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction, CBS Construction
- Roof
- Built-Up, Other
- Exterior Features
- Balcony, Open Balcony
- Sewer
- Public Sewer
- New Construction
- No
Public Records for 2400 NW 16th St Rd, Miami, FL 33125
- Parcel Number
- 01-31-34-023-0010
- Tax Annual Amount
- $70,391
- Tax Year
- 2025
- Tax Legal Description
- KAYS EST RESUB PB 30-44 LOTS 1 THRU 3 & E10FT OF LOTS 7 & 8 F/A/U FOLIO 01 3134 85 HER-DOM CONDO
- Zoning
- 4600
- County Or Parish
- Miami-Dade County
Payment Calculator
Estimated Payment
$51,430/mo
- Principal & Interest
- $41,464
- Property Taxes
- $5,866
- Home Insurance
- $4,100
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
Location
2400 NW 16th St Rd, Miami, FL 33125 · See all Miami homes for sale
Courtesy of The Keyes Company
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More information about 2400 NW 16th St Rd, Miami, FL 33125
2400 NW 16th St Rd is a multi-family home for sale in Miami, FL 33125. This property was listed for sale on May 6, 2026 by The Keyes Company, it's currently listed at $8,200,000. This listing's school district is Miami-Dade County Public Schools. 2400 NW 16th St Rd is a 25,899 sqft multi-family home built in 1974.